PATRICOF: The Dynamics Needed For Small Market Cap IPOs No Longer Existshttp://www.businessinsider.com/alan-patricof-on-large-ipos-2012-12/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Sun, 02 Aug 2015 16:38:23 -0400Daniel Goodmanhttp://www.businessinsider.com/c/50de18be6bb3f75911000003Mark R.Fri, 28 Dec 2012 17:10:06 -0500http://www.businessinsider.com/c/50de18be6bb3f75911000003
So, $8 million in 1971 is closer to $50 million today than it is to $25 million, Zillow's IPO was $75 million gross, which is hardly so far from the numbers we are talking about to suggest this "cannot be done". That doesn't mean reform isn't valuable, nor streamlining of the process.
But it seems as though the claim that an Intel-sized IPO is impossible today is more or less demonstrably false.